Common use of Flexible Remuneration Clause in Contracts

Flexible Remuneration. (a) A team member may, by mutual agreement with the Company: - participate in a salary sacrifice program in relation to Superannuation or any other benefit agreed to by the Company; and - request to receive wages payable in accordance with this Agreement, minus the amount diverted into contributions under this program. (b) A team member whose request is accepted by the Company, will receive the benefit and wages prescribed under this clause in lieu of wages and other amounts payable under this Agreement. (c) Any request under 2.24.2(a) above will be in the form prescribed by the Company. (d) A team member who takes any paid leave shall receive the benefit and wages prescribed under this clause in lieu of wages and other amounts payable under this Agreement. (e) Any other Agreement payment, including termination payments, calculated by reference to the team members wages as provided in this Agreement will be calculated by reference to the total of wages and benefits provided in Clause 3 Wage Rates unless this Clause specifically provides otherwise. (f) Each team member participating in benefits available under this clause shall receive written confirmation of relevant information including the post arrangement gross wage rates, net wage rates and any other payment that may be affected by the arrangement. (g) Written confirmation as specified in subclause clause 2.24.2(f) above shall be provided upon any adjustment to pre-arrangement wage rates under this Agreement or reclassification. (h) For all other purposes, after taking into account the deductions made pursuant to subclause 2.24.2 (a) above a team member shall not receive less than the rate specified in Clause 3 Wage Rates, of this Agreement for the relevant classification for the team member.

Flexible Remuneration. (a) A team member may, by mutual agreement with the Company: - Kmart: (i) participate in a salary sacrifice program in relation to Superannuation or any other benefit agreed to by the CompanyKmart; and - and (ii) request to receive wages payable in accordance with this Agreement, minus the amount diverted into contributions under this program. (b) A team member whose request is accepted by the CompanyKmart, will receive the benefit and wages prescribed under this clause in lieu of wages and other amounts Amounts payable under this Agreement. (ci) Any request under 2.24.2(a) subclause 28.6.2 above will be in the form prescribed by the CompanyKmart. (dii) A team member who takes any paid leave shall receive the benefit and wages prescribed under this clause in lieu of wages and other amounts payable under this Agreement. (eiii) Any other Agreement payment, including termination payments, calculated by reference to the team members member’s wages as provided in this Agreement will be calculated by reference to the total of wages and benefits provided in Clause 3 Wage Rates clause 7, Wages unless this Clause clause specifically provides otherwise. (fiv) Each team member participating in benefits available under this clause shall receive written confirmation of relevant information including the post arrangement gross wage rates, net wage rates and any other payment that may be affected by the arrangement. (gv) Written confirmation as specified in subclause clause 2.24.2(f28.6.2(b)(iv) above shall be provided upon any adjustment to pre-arrangement wage rates under this Agreement or reclassification. (hvi) For all other purposes, after taking into account the deductions made pursuant to in accordance with subclause 2.24.2 (a) 28.2 above a team member shall not receive less than the rate specified in Clause 3 Wage Ratesclause 7.1, Rates of Pay, of this Agreement for the relevant classification for the team member.

Flexible Remuneration. (a) A team member may, by mutual agreement with the Company: - : (i) participate in a salary sacrifice program in relation to Superannuation or any other benefit agreed to by the Company; and - and (ii) request to receive wages payable in accordance with this Agreement, minus the amount diverted into contributions under this program. (b) A team member whose request is accepted by the Company, will receive the benefit and wages prescribed under this clause in lieu of wages and other amounts payable under this Agreement. (c) Any request under 2.24.2(a4.6.2 (a) above will be in the form prescribed by the Company. (d) A team member who takes any paid leave shall receive the benefit and wages prescribed under this clause in lieu of wages and other amounts payable under this Agreement. (e) Any other Agreement payment, including termination payments, calculated by reference to the team members wages as provided in this Agreement will be calculated by reference to the total of wages and benefits provided in Clause 3 4. 1.1 Wage Rates unless this Clause specifically provides otherwise. (f) Each team member participating in benefits available under this clause shall receive written confirmation of relevant information including the post arrangement gross wage rates, net wage rates and any other payment that may be affected by the arrangement. (g) Written confirmation as specified in subclause clause 2.24.2(f4.6.2 (f) above shall be provided upon any adjustment to pre-arrangement wage rates under this Agreement or reclassification. (h) For all other purposes, after taking into account the deductions made pursuant to subclause 2.24.24.6.2 (a) above a team member shall not receive less than the rate specified in Clause 3 4. 1.1 Wage Rates, of this Agreement for the relevant classification for the team member.

Flexible Remuneration. (ai) A team member may, by mutual agreement with the Company: - participate in a salary sacrifice program in relation to Superannuation or any other benefit agreed to by the Company; and - request to receive wages payable in accordance with this Agreement, minus the amount diverted into contributions under this program. (bii) A team member whose request is accepted by the Company, will receive the benefit and wages prescribed under this clause in lieu of wages and other amounts payable under this Agreement. (ciii) Any request under 2.24.2(asub‐clause 1.3.1(b)(i) above will be in the form prescribed by the Company. (div) A team member who takes any paid leave shall receive the benefit and wages prescribed under this clause in lieu of wages and other amounts payable under this Agreement. (ev) Any other Agreement payment, including termination payments, calculated by reference to the team members wages as provided in this Agreement will be calculated by reference to the total of wages and benefits provided in Clause 3 clause 4.2 (Wage Rates – Adults) of this Agreement unless this Clause clause specifically provides otherwise. (fvi) Each team member participating in benefits available under this clause shall receive written confirmation of relevant information including the post arrangement gross wage rates, net wage rates and any other payment that may be affected by the arrangement. (gvii) Written confirmation as specified in subclause clause 2.24.2(fsub‐clause 1.3.1 (b)(vi) above shall be provided upon any adjustment to pre-arrangement pre‐arrangement wage rates under this Agreement or reclassification. (hviii) For all other purposes, after taking into account the deductions made pursuant to subclause 2.24.2 (a) above a team member shall not receive less than the rate specified in Clause 3 Wage Rates, of this Agreement for the relevant classification for the team member.sub‐clause 1.3.1

Flexible Remuneration. (ai) A team member may, by mutual agreement with the Company: - participate in a salary sacrifice program in relation to Superannuation or any other benefit agreed to by the Company; and - request to receive wages payable in accordance with this Agreement, minus the amount diverted into contributions under this program. (bii) A team member member, whose request is accepted by the Company, will receive the benefit and wages prescribed under this clause in lieu of wages and other amounts payable under this Agreement. (ciii) Any request under 2.24.2(a34.1.2 (i) above will be in the form prescribed by the Company. (div) A team member who takes any paid leave shall receive the benefit and wages prescribed under this clause in lieu of wages and other amounts payable under this Agreement. (ev) Any other Agreement payment, including termination payments, calculated by reference to the team members wages as provided in this Agreement will be calculated by reference to the total of wages and benefits provided in Clause 3 8.1 Wage Rates unless this Clause specifically provides otherwise. (fvi) Each team member participating in benefits available under this clause shall receive written confirmation of relevant information including the post arrangement gross wage rates, net wage rates and any other payment that may be affected by the arrangement. (gvii) Written confirmation as specified in subclause sub-clause 2.24.2(f34.1.2(vi) above shall be provided upon any adjustment to pre-arrangement wage rates under this Agreement or reclassification. (hviii) For all other purposes, after taking into account the deductions made pursuant to subclause 2.24.2sub-clause 34.1.2 (ai) above a team member shall not receive less than the rate specified in Clause 3 8.1 Wage Rates, of this Agreement for the relevant classification for the team member.